<p>The first thing you&#39;ll want to track is the date that you won the prize. This will let you calculate when the prize is due (in cases when the prize will arrive a certain amount of time after your win, as opposed to after the end of the giveaway). It will also make it easy to sort your prizes in the order you won them.</p><p>Next, take note of the sweepstakes sponsor and fulfillment company on your prize tracker. Not only does this help you remember the giveaway you won from, but it also lets you know who you will need to contact if there is any problem with receiving the prize.</p><p>Describe the prize that you are expecting to receive. It&#39;s a good idea to refer to the sweepstakes rules or your win notification so that you know exactly what to expect.</p><p>The <a href="https://www.thebalance.com/why-is-the-arv-for-my-prize-so-high-897032" data-component="link" data-source="inlineLink" data-type="internalLink" data-ordinal="1">ARV</a> of a sweepstakes prize is the sponsor&#39;s estimate of its value. You&#39;ll want to keep track of the ARV listed in the sweepstakes&#39; rules. You can use that information to total up how much you won at the end of the year. If you feel that the ARV is too high once you received the prize, you will also need this information to dispute the reported value on your taxes.</p><p>FMV stands for Fair Market Value, and it&#39;s this amount, not the ARV, that you&#39;ll need to declare on your taxes. Sometimes the ARV and FMV will be the same, but at other times you can find proof that the prize is selling for less when you receive it. Then you could reduce your taxes by <a href="https://www.thebalance.com/how-to-dispute-an-arv-on-your-sweepstakes-taxes-897036" data-component="link" data-source="inlineLink" data-type="internalLink" data-ordinal="1">disputing the ARV</a>.</p><p>Entry frequency is useful to track so that you can see which kinds of sweepstakes work best for you. If you are more successful with single-entry or daily sweepstakes, you can concentrate your efforts on those giveaways and net more prizes.</p><p>For a similar reason, you can also track other features of the giveaways you win. For example, you can track:</p><ul><li>Online sweepstakes</li><li>Mail-in sweepstakes</li><li>Contests (writing contest, photo or video contest, recipe contest, etc.)</li><li>Instant win sweepstakes</li><li>Trivia contests</li><li>Social media sweepstakes</li></ul><p>This will let you know where you have the most luck.</p><p>If you&#39;d like to know whether entering in the morning, in the evening, on weekends, or on holidays pays off for you, you can note the time of day that you won in this column.</p><p>Some people like to track not only what they won, but also how they found out about it. It could be interesting to see whether more <a href="https://www.thebalance.com/entering-sweepstakes-here-s-how-you-ll-know-you-ve-won-896864" data-component="link" data-source="inlineLink" data-type="internalLink" data-ordinal="1">sweepstakes notifications</a> come by mail, by telephone, email, social media, or another method so that you know which notification methods you should pay the most attention to.</p><p>You need to return an <a href="https://www.thebalance.com/affidavits-what-they-are-and-why-winners-need-them-886970" data-component="link" data-source="inlineLink" data-type="internalLink" data-ordinal="1">affidavit</a> to claim your prize, note the deadline in my sweepstakes tracking spreadsheet. This helps ensure that you don&#39;t forget or put off sending in the affidavit, cheating yourself out of a prize.</p><p>Once you&#39;ve sent the affidavit in, you can update this row with the date it was mailed in case there is any problem down the road.</p><p>Check in the sweepstakes rules or your win notification to find out when the prize should arrive. Then note the expected arrival date on your prize tracker spreadsheet, so that if your prize hasn&#39;t arrived within a few weeks of the due date, you will remember to follow up with the sponsor about it.</p>The final entry on your sweepstakes tracking website is the date the prize actually arrived, and your reaction to it. It&#39;s fun to be able to look back later and see how excited you and your family members were when you received a prize. This is also a great source of motivation when it&#39;s been a while since your last win.